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Macroeconomic imbalance procedure (MIP) scoreboard indicators and their predictive strength of ?multidimensional crises?

100%
Biegun K., Karwowski J.
Equilibrium. Quarterly Journal of Economics and Economic Policy
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2020
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vol. 15
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issue 1
11-28
EN
Research background: The evaluation of the predictive strength of MIP indicators in relation to crises is extremely important for the process of coordinating the economic policies of the EU countries. MIP is one of the pillars of the economic crisis prevention procedure. Predictive power of individual indicators has not been tested before their introduction. Purpose of the article: Evaluation of the predictive strength of fourteen MIP indicators in relation to multidimensional crises in the EU countries. Methods: We used ordered probit model to test the ability of MIP indicators to correctly predict episodes of ?multidimensional crises? (as defined by the authors) in the period between 2008 and 2017 in all EU Member States. Findings & Value added: We defined ?multidimensional crises?, combining several negative phenomena into one limited dependent variable. This work is also novel in its application of probit regression to test the predictive strength of MIP indicators with an ordered probit model. We identified five MIP variables which were statistically significant in predicting ?multidimensional crises? for all EU countries: net international investment position, nominal unit labour cost index, house price index, private sector credit flow and general government gross debt. Other variables turned out to be less important or not effective in crises prediction.
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Filozofia jako płaszczyzna spotkania i po-rozumienia w pluralistycznym społeczeństwie

51%
Wadowski J.
ΣΟΦΙΑ. Pismo Filozofów Krajów Słowiańskich
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2015
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issue 15
139-154
RU
В редукционалистическом мире философию все больше игнорируют. Однако она пред-ставляет собой одну из самых важных манифестаций человечества. Сегодня она становится сверхкультурной дискуссией над фундаментальными вопросами человека, которые являются первичным компонентом человеческого духа (Гильдебранд). Философствование – это деятельность, которая позволяет человеку сохранить свойственное ему достоинство. Филосо-фия может стать площадкой для встречи разных культур и цивилизаций. Философская деятельность может помочь в эпоху многоуровневого кризиса глобального масштаба, особенно тем, что она является одним из самых значимых достижений демократии. Автор считает, что приближается эпоха ренессанса и максимализма в философии как самых харак-терных активностей человека в каждую эпоху и в каждой культуре.
EN
In the reductionist world philosophy is more and more often marginalized. However it is one of the most important expressions of humanity. Today philosophy becomes a cross-cultural discussion about basic human questions, which are the primal component of the human spirit (Hildebrand). Philosophizing is an action which allows a man to retain his proper dignity. Philosophy may create a space for different cultures and civilizations to meet. Philosophical activity – as a great achievement of democracy – may be very helpful in the time of multidimensional global crisis. The author thinks that the era of renaissance and maximalism in philosophy – as the most distinctive human activity in every age and culture – is approaching.
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